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China has the room to use fiscal and monetary policy to boost growth unlike countries with high...

Oct. 15, 2012 5:06 AM ETBy: Yigal Grayeff, SA News Editor
China has the room to use fiscal and monetary policy to boost growth unlike countries with high debt and rock-bottom interest rates, PBOC Vice Governor Yi Gang tells the state-run Financial News. Yi Gang adds that the BRICS are considering increasing their co-operation by creating a mechanism to supply liquidity to their respective economies.

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